ECB accounts reveal inflation concerns before oil spike
February meeting accounts show ECB officials expected inflation to undershoot targets before oil prices surged. This shift now fuels rate hike speculation.
Xurve View
洞察:
Xurve View
The European Central Bank (ECB) was bracing for inflation to drop significantly below its target before the recent escalation of conflict in the Middle East sent energy markets into a tailspin, according to meeting accounts released on Thursday. Policymakers had expected price growth to undershoot their goals throughout this year and next, providing a buffer that has now been largely eroded by geopolitical volatility.
